Ethereum (ETH) Price Analysis: Big Drop In Price Expected

Ethereum is one of the biggest names when it comes to the cryptocurrency markets. ETH stands second to Bitcoins and comes with the second largest market cap. Many investors and traders even believe that some day, Ethereum may replace Bitcoin as the numero-uno cryptocurrency. However, for now that doesn’t seem likely as Ethereum is caught in a bearish growth.

Ethereum, which is currently priced in at $918 – is expected to continue on a downward momentum for the next couple of weeks. The currency has been giving mixed reactions over the past few weeks. It was just $100 shy of an all-time high before price began to drop again. Over the past 24 hours, ETH has fallen by about 3% – from $950 to $918.